“Electronics Spared From Recent Tariffs Will Face New Duties Aimed at Respiring Semiconductor Production, Lutnick Said.”, – WRITE: www.coindesk.com
Commerce Secretary Howard Lutnick Said Sunday that The White House of Decision to Exempt Items Like Smartphones, Computers, and Other Consumer Electronics from.
A New Set of Duties Focused on Semiconductors is Expecated with “A MONTH or TWO,” HE SAID.
“All Those Products Are Going to Come Under Semiconductors, Andy’re Going to Have A Special Focus Type of Tariff to Make Sure that Those Products Gets. Week.
The Goal, He Added, Is to Encouraurage Chip and Flat Panel Production in the Us and Reduce Dependence on Asian Manual Reging. The Clarification Follows a Bulletin from US Customs and Border Protection Released Late Friday Bringing A TEMPORARY EXAMPTION FOR A Range of Key Electronics from The ReciproCal This month.
However, Lutnick Emphasized that Those Same Items Wound Soon Be Swept Up Under A More Targeted Policy Aimed at “National Security” Industries Like Semictors and Pharmaceutic.
“We Need to have chips, and we need to have Flat panels – we have need to have these Things Made in America,” Lutnick Said.
The Price of Bitcoin Droped Roughly 1% on Headlines Reporting on Lutnick’s Words, Before Recovering Back to the $ 84,000 Mark. The Wider Crypto Market, Measured by the Coindesk 20 (CD20) Index, Is Down Roughly 1.6% in the Last 24-Hour Period.
